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A Temple Among The Gold Brokers

A Temple Among The Gold Brokers image
Parent Issue
Day
14
Month
January
Year
1870
Copyright
Public Domain
OCR Text

Nesv York, January 10. There was a stormy scène in lhe o ld Room to-dav, resulting from the refu?al of 'l'rovor & Colgate to oom p!y with the rulos of theclearing house, arul depnpit with the Gold Exchnnge Bank a certified oheek for 500,000 for the balance due the bank. ezoept in rxcbnnge for a 6Íra ilar check for the balónos duo theno by the bunk. Tbuy alWge that tlny have i liad trnub'e enmigh witli injanotions, and contend (hat tliey Lave :i rilit to do businrss in sueh a raannpr as will eo(;nro them fpom danger of Ic.ss. The buik officials finally agrced to the terms prnpnsed for tndav, but announced that hereafter all porsons liavin deilinirs with Trevor & Cnlgate must accept the risk of Bfttlinp. The ex-ple:ivin:r house affair pos-iblv serious demugotnent to the clearing house system. It s estimated that thpre are 47,486, G19 ares of land in the South, as yct unHold or unappropriated.

Article

Subjects
Old News
Michigan Argus